Tax on Cryptocurrency: 30% Tax on Digital Assets (Crypto Taxation Guide)
In Union Budget government announced tax provisions on cryptocurrency in India. According to the Budget document income from the transfer of digital assets such as cryptocurrency will be taxed at 30%. Except for the expense of acquiring digital assets, no deductions will be permitted. Losses on the sale of digital assets cannot be offset against […]
How Is a 29-Year-Old Crypto Tycoon Taking The Crypto World By Storm?
Ophelia Snyder, a 29-year-old crypto tycoon dedicated her early twenties to making marine biology shows on Discovery Channel. At present, she manages US$2.5 billion ($3.6 billion) in a powerful financial sector. Because of Switzerland’s crypto-friendly regulatory framework and cheap corporation taxes Snyder established 21Shares and led the crypto world by storm. Snyder’s company, 21Shares, is located […]
FM Sitharaman Announces Establishment of India’s First Digital Currency
Today, Nirmala Sitharaman, Union Finance Minister, announced India’s first digital currency would be available shortly for Indian investors. Around her fourth Budget, Sitharaman stated that the Reserve Bank of India (RBI) will launch digital currency in 2022-23. She also said that it would have a significant impact on the economy. In July of last year, […]
What is Web 3.0? How is it different from Web 2.0?
Looking back, web 1.0 was the beginning of the internet, and web 2.0 was the birth of the online services that we all know and use today, such as Google, Amazon, Facebook, and Netflix. Web 3.0, also known as the decentralised web; is the third version of the Internet that improves on the current Web […]
MATIC Reaches An All-Time High After Establishing A Foothold Around $2
Polygon’s native asset, MATIC, is on its road back to all-time highs after gaining a foothold around $2 on December 20. In May, MATIC reached a new high of $2.82. After Establishing A Foothold Around $2, MATIC Reaches An All-Time High Polygon MATIC coin is up 12 % in the last 24 hours to $2.57, […]
BollyCoin’s NFTs Will Make Their Dabangg Premiere On December 30
BollyCoin’s NFTs Will Make Their Dabangg Premiere On December 30 BollyCoin, a blockchain platform that gives access to Bollywood to the blockchain realm, said on December 16, 2021, that its NFT marketplace would go live on December 30. The collection will include NFTs from the Dabangg series, produced by Arbaaz Khan Productions and starring Salman […]
India Unveils National Blockchain Strategy, Urging the Reserve Bank of India to Issue Digital Currency
The National Strategy to Develop a Trusted Digital Platform for Providing e-Government Services Using Blockchain lays out the original objective as well as the development and implementation schemes for a National Blockchain Platform, including the technology stack, legislative framework, standards development, collaboration, human resource development, and potential use cases. It is intended that this strategy […]
Decentraland Vs Sandbox – Which is Better?
Indubitably, the COVID-19 pandemic showed the world its virtual side at large. If it wasn’t all, Facebook’s name change to Meta in 2021 grabbed the eyeballs and made ‘Metaverse’ a debatable topic. In between these debates and conversations, people from the cryptocurrency and blockchain industry started making it a reality. Fast forward to this day; […]
TCX (Tron Connect) announces listing with BuyUcoin an Indian Exchange
The crypto market is getting stronger day by day in India. Do you know what you really need to do right now? Explore a new coin with us! BuyUcoin will be listing new crypto that goes by the name TCX (Tron Connect). What happens after TCX (Tron Connect) is added to BuyUcoin? Here are a […]
Polygon (MATIC): A Cryptocurrency With Indian Founders and Great Potential
What is Polygon (MATIC)? Polygon is a well-structured framework for Ethereum development. It features a flexible framework called Polygon SDK, which enables developers to create various types of apps. With Polygon(MATIC), one can create rollup chains, ZK chains, and stand-alone chains. It completely transforms Ethereum into a multi-chain system. Its advantages include Ethereum’s robust ecosystem […]